Schroders reports new business boost, while AJ Bell boss warns of ‘damaging uncertainty’ before Budget
Plus, the redemption of St James’s Place, investors dump risky bonds, and Wright of Derby at The National Gallery
UK’s largest wealth manager has staged a turnaround and is attempting to attract advisers despite scrapping perks and fees
Move follows pressure from UK regulator to shake up charging structure to ensure customers receive a fair deal
New customers sold products with high charges days before new fee structure takes effect
UK’s biggest wealth manager says inflows doubled in first half as it puts turbulent period behind it
The founder of Redington talks inflation, children’s books, St James’s Place and natural capital
Britain’s biggest wealth manager to introduce sweeping new fees next month to rebuild its reputation
The asset class is not the simple panacea that policymakers and investors might want
The wealth manager’s future growth will rely on luring more of the ‘mass affluent’
FTSE 100 wealth manager reverses earlier loss driven by potential customer redress over advice services
Wealth manager enjoys a resurgent final quarter of 2024
UK wealth manager reports drop in net inflows partly due to less money flowing into pensions
Wealth manager looks for ‘a more balanced blend of investment styles’
Wealth manager’s opulent annual events in London and Gleneagles perceived as rewards for aggressive sales tactics
Wealth manager trims workforce as part of a restructuring to slash £100mn of expenses
Investors ‘increasingly cautious’ about the asset class
Wealth manager beats expectations on profits and inflows and sets new growth targets
Mixed responses from FT readers about the UK’s biggest wealth manager
UK wealth manager hires Caroline Waddington to replace Craig Gentle amid fee overhaul
Move by UK’s biggest wealth manager reflects increasing scrutiny of sector by financial watchdog
Ocado also poised to be demoted from blue-chip index next month in quarterly reshuffle
Wealth manager under scrutiny after fees revamp
A regulatory clampdown has led to lower inflows, a falling share price and talk that the wealth manager could face a takeover bid
FTSE 100 wealth manager says customers are drawing on savings to meet financial needs
